HEALTHY PRICES CAN STILL BE ACHIEVED

The last 7 days has seen a mixture of results across our core suburbs.

According to reports from our team, home open attendance was a little weak; however, it’s encouraging to note that buyers seem very willing to view properties outside of the typical Saturday time-slots.

Last Thursday, for instance, we hosted a twilight viewing of a Claremont property and had a very strong response with 13 parties attending.

One of the stand-out sales of the week was a property in Cottesloe that, despite being largely block value, sold for over $2 million. Interestingly, buyers were introduced to this property via our Buyer Management System and the sale occurred without the property going to a public campaign.

Overall, although there are a large number of listings on the market, it’s promising to see that healthy prices can still be achieved with the right strategy.